Blog Post

Sequoia Invests $4.1 Million In Gaming Site GameGround

With more people playing all types of online games (including social games on Facebook, casual games on sites like PopCap.com, and games on connected consoles), there’s money to be made from giving them a single space to share, store and socialize their game “data.” Which is likely why Sequoia Capital has invested $4.1 million in GameGround, a startup that aims to be the central “hub” for all of a game player’s info. This is GameGround’s first round; the site previously raised $2 million in seed funding from angel investors.

Israel-based GameGround was founded in 2007 by former *MTV* exec Shaul Olmert, former Blizzard Entertainment exec Itzik Ben-Bassat and Guy Margolin, an exec from online poker site 888.com (via VentureBeat). It’s currently in stealth mode, but upon launch, it will compete with communities like GamerDNA and IGN’s GameSpy that automatically pull in gameplay stats from various player networks (like Xbox Live).